Sunday, June 20, 2021

Logo Central America Link

Mexican and Colombian pesos tumble

Friday, February 12, 2016


A global selloff of riskier assets drove the Mexican peso to a record low on Thursday, spurring bets that the central bank of Latin America's No. 2 economy could hike interest rates ahead of the United States.

Colombia's peso also hit its weakest level ever amid fears of a global economic slowdown.





Source: Reuters